when power companies are privatised the customers are at the mercy of the markets.
when power companies, like WA , are in government hands the customers are at the mercy of the incumbent government.
however customers get screwed either way - you pay the market price OR the government subsidises out of taxpayers funds.
Look at WA - the government is having to support the coal mine which supplies our main power stations to the tune of $40M last year and now $220m to the end of 2026. Thats $260M odd of taxpayers money because the commercial owner of the coal mine is in administration because they cannot supply coal at the contracted price and make a profit ( or even break even ). But we need the coal.
And yes i live in WA, i still prefer power supplier to be a government owned provider despite the failings.
- Forums
- ASX - By Stock
- News: ORG Origin's largest shareholder welcomes investors rejecting $10.6 bln buyout bid
when power companies are privatised the customers are at the...
Featured News
Add ORG (ASX) to my watchlist
|
|||||
Last
$10.30 |
Change
0.240(2.39%) |
Mkt cap ! $17.52B |
Open | High | Low | Value | Volume |
$10.17 | $10.32 | $10.14 | $14.57M | 1.429M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
48 | 18572 | $10.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.30 | 56156 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 17313 | 10.280 |
15 | 11220 | 10.270 |
15 | 18863 | 10.260 |
12 | 26838 | 10.250 |
11 | 12665 | 10.240 |
Price($) | Vol. | No. |
---|---|---|
10.290 | 8507 | 23 |
10.300 | 62090 | 23 |
10.310 | 17763 | 15 |
10.320 | 34152 | 19 |
10.330 | 12521 | 11 |
Last trade - 12.54pm 18/06/2024 (20 minute delay) ? |
|
|||||
Last
$10.30 |
  |
Change
0.240 ( 1.87 %) |
|||
Open | High | Low | Volume | ||
$10.16 | $10.32 | $10.14 | 313350 | ||
Last updated 13.12pm 18/06/2024 ? |
Featured News
ORG (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online